Vice President Finance
Current
Feb 2024 - Present
AeroLeads people directory · profile
Jayanth Varnakavi Email & Phone Number
Vice President Finance @ Vulcan || Ex-Vedanta II CA || Harvard Alumni
at
Vulcan
LinkedIn matched
✓ Verified Jun 2026
3 data sources
Profile completeness 86%
Current company
Role
Vice President Finance @ Vulcan || Ex-Vedanta II CA || Harvard Alumni
Location
Moatize, Tete Province, Mozambique
Who is Jayanth Varnakavi? Overview
A concise factual answer block for searchers comparing this professional profile.
Quick answer
Jayanth Varnakavi is listed as Vice President Finance @ Vulcan || Ex-Vedanta II CA || Harvard Alumni at Vulcan, based in Moatize, Tete Province, Mozambique. AeroLeads shows a matched LinkedIn profile for Jayanth Varnakavi.
Jayanth Varnakavi previously worked as Vice President Finance at Vulcan and General Manager Finance at Chemaf S.P.R.L. Jayanth Varnakavi holds General Management Program, Gmp34, Strategy Case Study Exercise Finalist (Top 10%) from Harvard Business School.
Company email context
Email format at Vulcan
This section adds company-level context without repeating Jayanth Varnakavi's masked contact details.
Vulcan
Review company-level records connected to Jayanth Varnakavi before choosing the right outreach path.
Profile bio
About Jayanth Varnakavi
Global Finance Leader with rich and diverse experience of 20 years in Mining and Metals, Sugar, Glass and power industries in India, Australia, and Africa. I am a passionate and results driven leader experienced in business transformation and turning around businesses. Well versed with fund raising and cashflow management. Extensive experience in Finance and Business Controlling, Treasury & Taxation, MIS, and Financial Reporting.As a head of finance and Acting CFO, I have played a pivotal role in turning around Chemaf from loss making company in 2019 (EBITDA Loss of USD 29 million) to profit making company in 2020 (Positive EBITDA of USD 47 million). As a strong believer in technology and IT, advocated and implemented SAP S/4 Hana (ERP) and moved away from legacy system (Tally). Key member in raising USD 600 million debt facility. Finance controller for two green field projects worth USD 820 million.As a strategic leader, I thrive in dynamic and challenging environments, leveraging my analytical skills to identify opportunities for process improvement, cost optimization, and risk mitigation. I am adept at developing and implementing financial strategies that align with organizational goals, while ensuring compliance with regulatory frameworks and ethical standards.Passionate about mentoring and fostering young talent, team building and encouraging learning and development.I am a Qualified CA (completed in first attempt), CMA (All India Second Rank holder) and completed General Management Program from Harvard Business School (Strategy case study Finalist - Top 10% )
Current workplace
Jayanth Varnakavi's current company
Company context helps verify the profile and gives searchers a useful next step.
8 roles
Jayanth Varnakavi work experience
A career timeline built from the work history available for this profile.
General Manager Finance
- Heading Finance and Accounts function for Chemaf, a leading mining and metals company producing Copper Cathode and Cobalt Hydroxide. Currently USD 250 million company, poised to become USD 1.2 billion by 2024.
- Responsible for entire finance and accounts function covering Banking and Treasury, Taxation and compliance, Financial Reporting, Annual Planning and Budgeting, and cost saving initiatives.
- Project finance controller for two major green field projects in Copper and Cobalt worth USD 820 million.
- Steering committee member for projects. Attending and presenting at Board meetings and Audit committee meetings
- Raised USD 600 million pre-finance facility - Part of team in raising funds, done various pitches and presentations to investors along with CEO.
- Acted as CFO during COVID Pandemic (Apr 2020 to Dec 2020). Instrumental in turning around business. (Negative EBIDTA of USD 29 million in 2019 to positive USD 47million in 2020).
Oct 2019 - Apr 2024
Associate General Manager - Finance
- SBU Finance Controller - Open pit and Underground mining, process plants, Copper Smelter & Refinery Business and Corporate Finance.
- Led USD 100m Pre-financing facility, discussing facility with lender, reviewing facility agreement with lawyers and achieving low interest rate for an African Entity.
- Streamlined Commodity Hedging Process avoiding excess/under hedging of copper and minimized price fluctuation impact on business.
- Oversaw various cost reduction activities with business team worth USD 7 million per annum.
- Identified excess interest charged by a supplier and obtained refund of USD 3 million.
- Led various Working Capital Management initiatives and resulting in working capital reduction by USD 15 million.
Oct 2015 - Oct 2019
Finance Manager
- Executed Budgetary control in SAP in a short period.
- Developed Comprehensive MIS Reporting system covering operational and financial parameters showing Budget Vs Actuals.
May 2015 - Sep 2015
Team Leader – Finance
Heading control function for Chennai covering MIS And Varaince Analysis, Budgets & Estimates and Marketing Finance
Sep 2014 - May 2015
Manager-Finance
- Headed Financial Planning & Analysis (FP&A) for 6 factories across Tamil Nadu comprising Sugar Business, Co-Generation Business (Power) and Distilleries.
- Collected long pending dues of INR 35 million from FCI.
- Attained cost reductions including savings of INR 6 million per annum by conceptualizing and executing Freight Module in SAP.
- Led adoption of New Cost Accounting Record rules for entire company.
Jan 2011 - Sep 2014
Financial Controller
Role involved taking care of End to End finance activities including: - Financial Reporting - MIS & Costing - Treasury Management - Accounts payable & Accounts Receivables monitoring - SOX implementation
Feb 2007 - Jun 2010
Assistant Manager-Finance & Accounts
- MIS Consolidation, Forex and Commodity Hedge Accounting- Business Controller - Smelter Finance, involving active participation in commercial negotiations- Cost Accounting and Cost Audit
- Received Performance Award for IFRS Conversion of Sterlite Accounts.
- Recognized as "Star of Business" based on "Accelerated Competency Tracking" exercise.
Feb 2004 - Jan 2007
4 education records
Jayanth Varnakavi education
General Management Program, Gmp34, Strategy Case Study Exercise Finalist (Top 10%)
First Attempt
All India 2Nd Rank
Bachelor Of Commerce - Bcom, Business/Commerce, General, College Topper
FAQ
Frequently asked questions about Jayanth Varnakavi
Quick answers generated from the profile data available on this page.
What company does Jayanth Varnakavi work for?
Jayanth Varnakavi works for Vulcan.
What is Jayanth Varnakavi's role at Vulcan?
Jayanth Varnakavi is listed as Vice President Finance @ Vulcan || Ex-Vedanta II CA || Harvard Alumni at Vulcan.
Where is Jayanth Varnakavi based?
Jayanth Varnakavi is based in Moatize, Tete Province, Mozambique while working with Vulcan.
What companies has Jayanth Varnakavi worked for?
Jayanth Varnakavi has worked for Vulcan, Chemaf S.P.R.L, Konkola Copper Mines Plc, Opg Power Generation Private Limited, and Saint-Gobain Sekrit India Limited.
How can I contact Jayanth Varnakavi?
You can use AeroLeads to view verified contact signals for Jayanth Varnakavi at Vulcan, including work email, phone, and LinkedIn data when available.
What schools did Jayanth Varnakavi attend?
Jayanth Varnakavi holds General Management Program, Gmp34, Strategy Case Study Exercise Finalist (Top 10%) from Harvard Business School.
Find 750M verified contacts
Search by job title, company, industry, location, and seniority. Export verified B2B contact data when you need it.
Start free trial